Ikea buys former Topshop Oxford Street store in 378m deal
They plan to open Ikea Oxford Street in autumn 2023 Ikea is buying the former Topshop flagship store on London’s Oxford Street for £378 million. The deal is a much-needed vote of confidence for central London, which has seen tourist footfall decimated by the pandemic. Since 2019 Ikea has opened shops in major cities such as Tokyo, Madrid, Moscow, Paris and New York to grow its presence on busy high […]